TOP100 SMEs: Sheffield firm engineering its way to the top

Simon Eastwood, managing director of SCX
Simon Eastwood, managing director of SCX
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Engineering group SCX has made it to the top of the pre-tax profit table among Sheffield SMEs, continuing a strong rise over the past three years.

SCX Group, of Roman Ridge Road, Wincobank made £2.2m profit, up 18.9 per cent on the year previous.

It was enough to boost it from eighth in Sheffield last year to the top this year - and up three places to 21st on the main Top100 SMEs table.

View the Top 100 SMEs SCR 2015 by clicking here

Managing director Simon Eastwood said business was so good they were almost at the point of turning work away.

He added: “The nuclear sector has really taken us by surprise. We have always been very strong technically but have invested more and focused on technical cranes and handling systems in decommissioning and MoD work.”

The group brings together three companies specialising in mechanical handling and lifting equipment. High profile jobs include working on the retractable roof at Wimbledon and designing a transport bridge for lifting jet engines at Rolls Royce.

Last year it built an extension at its factory to accommodate the extra business.

Another Sheffield engineering firm was a big climber this year. Europa rose from 78 on the main table to 33 this time after profits rose from £826,000 to £1.8m, an increase of 118 per cent.

Newcomer City Taxis goes straight in as the eighth most profitable SME in Sheffield, with pre-tax profits of £1.75m. The firm merged with rival Mercury earlier this year.

David Grey’s group of companies, OSL Group Holdings, posted the most impressive profits rise - a whopping 820 per cent. The immediate past Master Cutler runs several companies in the automotive, fire and security sectors. Profits rose from £150,000 to £1.4m, earning it 13th position in the Sheffield table and straight in at 58th on the main table.

EMSc Global is another newcomer. The Chapeltown firm, which makes voltage optimisation systems, has enjoyed strong growth thanks to a surge in demand for its products which cut energy bills.

It is also investing heavily in giant batteries to potentially allow firms to switch over at times when electricity costs become punitive - particularly during winter evenings when domestic demand soars.